Gary Gensler, the Chair of the SEC, avoided answering questions about the agency's next steps in response to the recent $XRP vs SEC lawsuit ruling. During an interview with Bloomberg TV, he did not confirm whether the SEC would appeal the decision. Gensler had previously expressed disappointment with the ruling, and the SEC has stated its intention to seek further review. The ruling determined that $XRP is only a security when sold to institutional investors, not retail investors, and many US—based crypto exchanges have since relisted the token.

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